Investment Test Drive

AGMZX 361 Macro Opportunity I

1 lower fee alternative found

FeeX scanned the market for similar funds with lower fees and better past returns
Show results with
Investing
$
  YOU ASKED ABOUT FEATURED ALTERNATIVE ?
Fund AGMZX 361 Macro Opportunity I KCMTX KCM Macro Trends R-1  
Similarity
?
100% 85%
Annual Fees
?
$211.29
(2.06% Exp. Ratio)
$175.39
(1.71% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.57% annual return
$11,452.97 $12,746.63
Est. savings over 30 yrs +$1,293.65
Return
As of 12/31/16
1 YR RETURN 0.56%
3 YR --
5 YR --
10 YR --
1 YR RETURN 7.00%
3 YR 2.57%
5 YR 9.23%
10 YR --
Description
The investment seeks long-term positive absolute return. The fund pursues its investment objective by investing in a wide range of asset classes that provide exposure principally to U.S. and foreign equity securities, fixed income securities, commodities and currencies, and may invest in various individual securities and currencies as well as indices based on a broad range of individual securities, commodities and currencies. It may take both "long" and "short" positions in each of these investments. The advisor anticipates that, in general, the fund will not be more than 50% short on a net basis. It is non-diversified.
The investment seeks long-term growth of capital; as a secondary goal, the fund seeks to manage volatility and market risk. The fund employs a flexible investment strategy, meaning it has the freedom to invest globally in companies of all sizes and in all sectors, long or short, and to hold cash. It is not restricted to any "style box," e.g., large cap growth or small cap value. To achieve its investment objective, the fund invests principally in domestic and foreign equity securities, exchange traded funds, futures and options. The term "macro" in the fund's name refers to its focus on the broad macroeconomic environment.

Join FeeX to view all alternatives, get more data and filtering options, and be able to automatically scan all your investments for lower fee replacements.

It's free!

The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

+

Your Feedback has been sent successfully!